Moksha’s latest products range revolutionizes Lankan food industry

A promising brand that is revolutionizing the Sri Lankan food industry, scalping over 20,000 followers across social media outlets in just a couple of months since inception. 

DFCC Bank felicitates inaugural batch from ‘Samata English’ programme

Pursuing its commitment to uplifting the standards of education in the country, DFCC Bank counts education as a key pillar in its corporate social responsibility initiatives. 

HNB launches ‘Pragna’ for children at SOS Villages

HNB together with SOS Children’s Villages, launched the ‘Pragna’ account, to support and fund the education and schooling needs of over 4500 children, across all of the SOS Children’s Villages in Sri Lanka. 

Porsche Centre Colombo introduces Porsche Preschool Project

Colombo. Eurocars, the official agent of Porsche cars in Sri Lanka, has embarked on a special Corporate Social Responsibility (CSR) initiative that is aimed at building a school for preschool children between the ages of three and five years old. The premium car brand, which is best known for sports cars and luxury performance, is taking the driver’s seat to support preschool education for the first time in Sri Lanka.

Bank of Ceylon brings ray of sunshine to Apeksha Hospital

The Bank of Ceylon celebrating the Children’s Day in a more meaningful and a thoughtful way held the ‘Apeksha Dalwana Sithuwam Dakma”, art exhibition at the Apeksha Hospital’s Children’s Ward recently.

INSEE partners with VTA to provide training for Puttalam youth

Partnering with Vocational Training Authority (VTA), INSEE Cement carried out career guidance fair for the youth in the Puttalam region, to select the first batch of students interested in construction related job opportunities. This event was held at Medananda Vidyalaya, Attawilluwa, Puttalam. 

RBN Performance underlines commitment to sportswear

RBN Performance garments, is Sri Lanka’s first performance wear brand for men and women built with the Sri Lankan athlete in mind. 

ReeBonn Cosmetics introduces two new products to market

ReeBonn Cosmetics, one of the leading herbal cosmetic companies operating in Sri Lanka introduced its two newest products; ‘ReeBonn Herbal Anti Acne Gel’ and ‘ReeBonn Herbal Facial Cleanser’ to the Sri Lankan market.

Sri Lanka rejects Chinese request for local fuel sales

Sri Lanka has blocked a proposal by Chinese firms bidding to build the island’s biggest oil refinery to sell fuel locally, fearing a threat to domestic firms that dominate the small but growing market.

Rupee ends weaker on importer dollar demand

REUTERS: The Sri Lankan rupee closed weaker yesterday as dollar demand from importers surpassed the sales of the US currency by exporters and banks due to inward remittances, dealers said.

New Commerce Secy. conversant with trade, FTAs: ministry

The newly appointed secretary to the Industry and Commerce Ministry is a Sri Lanka Administrative Service official, who also has a grasp on free trade agreements (FTAs) and fiscal policies, a press communiqué from the ministry said. “This ministry is a key institution of the economic reform and development vision of the government,” said Industry and Commerce Minister Rishad Bathiudeen yesterday.

Acquisition of Vidullanka’s second mini hydro plant in Uganda further delayed

Renewable energy developer Vidullanka PLC this week said that due to regulatory delays, the company has not yet issued shares in a private placement to Timex Garments (Pvt.) Limited to acquire the Uganda-based Timex subsidiary, Timex Bukinda Hydro (U) Limited.

India extends US $ 4.5bn in project finance to Bangladesh

REUTERS: India yesterday signed an agreement with Bangladesh extending a US $ 4.5 billion credit line for several infrastructure projects, as New Delhi tries to expand its influence over its smaller neighbour amid rising Chinese competition.

Spa Ceylon unveils lifestyle experience at Parkland

Spa Ceylon, the world’s largest luxury Ayurveda chain, unveiled its opulent new lifestyle experience at the ground floor of the Parkland Tower on Park Street, Colombo 2, marking the milestone of reaching 60 branded locations internationally.

Fashion Bug heralds RBN and Shakalaka for sporty and young

Fashion Bug launched two divers fashion ranges, RBN and Shakalaka at their latest outlet in Wellawatte. 

Home of Delmage repairs Stanley power tools free-of-charge

Stanley Power Tools from Home of Delmage which has highly secured the people’s trust in the Sri Lankan market for power machinery celebrates its second anniversary of its superior collaboration.  Marking this glorious leap, Home of Delmage, the sole agent for Stanley power tools in Sri Lanka is prepared to let their customers absorb a special opportunity for themselves.

Bio Extracts wins yet another Presidential Export Award

Bio Extracts (Pvt.) Ltd (Baraka) has won the accolade of ‘Highest Value Added Exporter - Herbal and Spa Products’ at the 2016 Presidential Exports Awards held at BMICH on 14th September, graced by President Maithripala Sirisena.

Vision Care holds Optometry Day 2017

Continuing its pioneering efforts to build a robust platform for optometrists across the nation, Sri Lanka’s premier eye care solutions provider Vision Care Optical services (Pvt.) Ltd held its Optometry Day and 8th Annual Scientific Sessions in grand style recently at Galle Face Hotel Colombo.

Vitawell takes whole body nutrition to Ja-Ela

Vitawell, Sri Lanka’s number one specialist nutrition and wellness retailer, recently launched its third store in Ja-Ela; in its efforts to enhance the products offered to a wider customer base.

South Asia Textiles wins Gold

South Asia Textiles has won Gold at the NCE Export Awards held at the Hilton Hotel recently.  A company driven by passion and dynamism, headed by its Managing Director/Chief Executive Officer Prithiv Dorai and a team of professionals, Director / Chief Operations Officer Kenneth Wijesuriya and Chief Financial Officer Priyantha Hapuarachi, South Asia Textiles has taken its textile mill from strength to strength.

SL gets US $ 75mn WB loan to modernize financial sector

Sri Lanka yesterday signed an agreement to modernize and improve the efficiency of its financial sector, which in turn will help small businesses and entrepreneurs compete in the markets and create better jobs.

Venora Lanka Power Panels wins National Export Award

Venora Lanka’s quest for excellence was recognized by the National Chamber of Exporters (NCE) at the 25th Export Awards held at Colombo Hilton recently. Venora Lanka clinched the Bronze category Award in the industry sector.

Lanka Harness clinches Presidential Export Awards

Lanka Harness Company (Pvt) Ltd was recognized at the Presidential Export Awards for being the exporter that has added the highest value in the category of automobiles and automobiles spare parts exporting. Lanka Harness Company (Pvt) Ltd was recognized for this achievement at the Presidential Export Awards 2016 organized by the Sri Lanka Export Development Board and this Presidential Export Awards 2016 was held at Bandaranaike Memorial Internati

Cinnamon Future of Tourism 2017 concludes on high note

Cinnamon Future of Tourism Summit 2017 was held under the theme ‘Technology, Innovation and Authenticity’ in Colombo on September 26 in Colombo.

Bamboo for sustainable development

Bamboo is a well-established cultural feature of many regions throughout the world. Its diversity and versatility are well-documented – some 1250 species and 1500 traditional applications have been identified. Notably, the main users are the rural poor and perhaps for this reason, it has largely been taken for granted by the wider community. As such, bamboo has not received the mainstream recognition it deserves as a material resource.

DFCC Bank’s Vardhana Sahaya Hamuwa For MSMEs

DFCC Bank has initiated a special series of workshops named Vardhana Sahaya Hamuwa to nurture the growth of the Micro, Small and Medium Enterprises (MSMEs) in Sri Lanka. The primary focus

Oman Air ferries Umrah passengers to Madinah in partnership with The Traveller Global Pvt Ltd

Oman Air recently facilitated a group of 78 pilgrims from Sri Lanka to fly to Madinah for Ummrah in the New Islamic Year. This was the first Ummrah pilgrim group to arrive in the Kingdom of Saudi Arabia 

‘Gives Back Life’ to over 35,000 bottles collected during National Coastal and Marine Resources Cons

The National Coastal and Marine Resources Conservation Week was recently commemorated and the opening ceremony was launched at Crow Island Beach Park, Matakkulliya. It was the launch

GRI selects IFS Applications to drive operational excellence

IFS, the global enterprise applications company, announced that Sri Lankan specialist tire manufacturer,Global Rubber Industries (Pvt) Ltd (GRI),has chosen to implement IFS Applications as its central enterprise resource planning (ERP) system.

Fortinet hosts 361° Security Forum in Vienna

Fortinet, the global leader in high-performance cyber security solutions, hosted its annual 361° Security Conference in Vienna, Austria recently.